Pharmacy benefits management goliath Express Scripts has a smaller but fattened-up competitor nipping at its heels. An interview with Jeff Park, CFO of new number-four player Catamaran.
The pharmacy chain blinks first in the parties' epic pricing struggle — perhaps setting the stage for corporate cost savings on drug benefits.
One possible explanation: pharmacies often sell more than prescription drugs, and the recession may have cut into revenues gleaned from things like toiletries and candy.
The conflict between Express Scripts and Walgreen just might lead to lower drug-benefit costs for companies.
The pricing donnybrook between the giant chain and the big pharmacy benefits manager could give plan sponsors more market clout.
